The Pirate Bay, the largest torrent site on the Internet, is no more. Or well, it's not like it once was. As of this moment, they've taken down all torrent links on the website and will now only use 'magnet links'.

Users of Swedish piracy utopia The Pirate Bay have reason to be nervous, post-Megaupload. It's …
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Though it sounds really bad, it's more of an act to "future proof" The Pirate Bay website than anything else. So don't worry! The Pirate Bay will still be able to work. It's not dying, it's just changing. In their words, "just click the red button instead of the green one and all will be fine".

From now on, torrent files being shared by more than 10 people will be replaced with "magnet links". So instead of downloading .torrent files from a central Pirate Bay server like before, .torrent files will have to be downloaded from other BitTorrent users. Basically, very few .torrent files will be hosted by Pirate Bay itself. The magnet links will work for users trying to get .torrent files as long as one person in a swarm has the file. Rely on each other!

The change is supposed to help keep the Pirate Bay up and prevent it from shutting down. We're hoping it works. [The Pirate Bay via Torrent Freak]